Cycling

(asked on 19th July 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the financial benefits for the public purse of the Cycle to Work Scheme.


Answered by
Mel Stride Portrait
Mel Stride
Shadow Secretary of State for Work and Pensions
This question was answered on 25th July 2018

The Government has not made an assessment of the financial benefits of the Cycle to Work scheme. Bicycles provided under the scheme are tax exempt and so no data is reported to HMRC.

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